10 result(s) for “Construction”
Reserve Bank of Australia deputy governor Andrew Hauser told a Sydney investment conference that the inflation outlook is "materially worse" than in August, reshaping market pricing for a November cash rate decision and raising the prospect of further pain for borrowers and firms.
SHAPE Australia has been awarded an approximately A$800 million construction contract to build a 52 megawatt expansion at DigiCo Infrastructure REITs SYD1 data centre in Sydney. The deal boosts SHAPEs work in hand and underscores investor appetite for Australian hyperscale capacity as long term leases and funding fall into place.
The collapse of Firmus Technologies’ planned ASX float has forced the company to seek private funding and overseas listing options, exposing investor unease about high valuation bets on AI infrastructure and creating immediate fallout for local contractors and the market for large listings.
Ballard Mining has completed a A$45 million institutional placement to fund accelerated drilling, early infrastructure and feasibility work at its Mt Ida gold project in Western Australia, giving the company a clearer path to a mid 2027 final investment decision while intensifying dilution and execution risk for shareholders.
Nvidia backed data centre operator Firmus has withdrawn its planned ASX initial public offering after weak investor demand, forcing the company to seek private funding and leaving Australian regional projects and contractors to reassess prospects.
A federal parliamentary inquiry into artificial intelligence that reconvened on October 9 has sharpened regulatory and commercial risks for datacentre builders and AI firms in Australia, prompting investors and operators to reassess projects and project timelines.
Major Australian business groups and universities on October 7, 2026 expressed sharp concern about the Coalition’s newly announced plan to sharply reduce net overseas migration, saying it risks labour shortages, weaker economic growth and damage to sectors that rely on international students and skilled migrants.
Australian shares and business sentiment showed caution on September 28, 2026, as traders awaited a likely Reserve Bank rate hike and this week’s inflation data. Household and corporate budgets face more pressure if policy tightens again, with economists warning the RBA’s move could slow growth across interest sensitive sectors.
Rising oil and gas prices are colliding with higher borrowing costs across major economies, creating a difficult combination for households, businesses and central banks as concerns about persistent inflation and weaker growth return.
Scientists say climate change was highly likely to have contributed to the devastating Himalayan glacier collapse that flooded communities in Nepal and Tibet, highlighting the growing risks facing high-altitude regions as ice and permafrost destabilise.